All of us as consumers have gotten spoiled, ... We expect customized goods and services at commodity prices. The only way we can do that is to cut the fat out of our price structure.
Robert RubinI don't have a distaste for ambiguity, in fact, ambiguity is what I think life is all about.
Robert RubinA strong currency means that American consumers and businesses can buy imported goods and services more cheaply and that inflation and interest rates will be lower, ... It also puts pressure on American industry to increase productivity and competitiveness. These benefits can feed on themselves as foreign capital flows in more readily because of greater confidence in our currency. A weak dollar would have the contrary effects.
Robert RubinRigor is always appropriate when investing in markets, whatever the ultimate conclusions may be.
Robert Rubin